Important recent meetings have mentioned the need to form a virtuous circle in which consumption and investment reinforce each other.
Personally, I think this is an incomparably correct nonsense that can be applied to the whole world.
After patiently reading the lengthy picture below, I just want to make one point-
Don't invest anymore and just send money to everyone!
Over the years, as soon as the GDP growth slowed down, they printed money on a large scale, and then invested frantically in various new and old trillion-dollar tracks such as iron public foundation, new infrastructure, new energy, and high-tech.
The result?There is serious overcapacity, huge debts of governments and enterprises, the Gini coefficient is off the charts, and the economy is powerless.
It's not that I'm alarmist, but that's true.
At present, the total domestic debt exceeds 650 trillion yuan, of which non-financial enterprises and ** debts account for more than 87%, residents' personal debts account for less than 10%, and banks, ** and other financial institutions account for less than 1%.
What does it mean?It shows that in the past 23 years, we have skyrocketed by 20Of the 35 times the M2 balance, 87% of which are invested in various new and old trillions of trillions of tracks through non-financial enterprises and **, and less than 10% are invested in residents' personal consumption.
It is said that in the past 23 years, it has been overissued by 2035 times the balance of m2, at the beginning was also to form a virtuous circle of consumption and investment to promote each other, why is it now formed a huge gap between non-financial enterprises and ** debt of 87%, and residents' personal debt is less than 10%?
Because the rich have controlled the circulation channels of huge new banknotes, they are crazy to intercept them.
So now, 98% of the rich people control 98% of the social wealth, and 98% of the individual residents are deflationary in consumption.
As for the huge debt of 87%, it has nothing to do with the rich 2%, and in the end it will have to be paid by the 98% of the individual residents.
So next year, stop investing and just give a lot of money to individual residents!
Only by allowing individual residents to benefit can we hope to truly form a virtuous circle in which consumption and investment promote each other, and can we truly reverse the dead circle of inefficient investment and consumption deflation!